Following the release of the Bank of England's quarterly inflation report at 5:30 am ET Wednesday, the pound rose against other major currencies. The pound is now worth 1.5601 against the dollar, 122.25 against the yen, 0.7932 per euro and 1.5150 against the franc.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.